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94% of Institutional Investors Are in Private Credit.

A 2025 Nuveen survey found 94% of institutional investors now allocate to private credit. Pension funds, sovereign wealth funds, endowments — it's about as close to unanimous as institutional finance gets. What they know: T. Rowe Price research shows a 10% private credit allocation has historically cut portfolio volatility and improved risk-adjusted returns. $592.8 billion deployed globally in 2024, up 78% from the year before. Accredited investors on Percent get direct access to private credit, starting at $500: · 16.72% current weighted average coupon rate · Terms as short as 3 months · Full borrower financials before you invest $1.82B funded. 0.58% lifetime charge-off rate. 97.33% of all principal returned or currently performing. New investors can receive up to $500 on their first investment.

Follow the institutional money.

^{Alternative investments are speculative. Past performance not indicative of future results. Terms apply.}

📬 In today’s edition:

• 🏗️ Cleveland Is Building Again—Here’s Where the Growth Is Headed

• 💥 Inventory Surged… But Prices Still Climbed

• ⚠️ Foreclosures Are Rising—Here’s What It Means

📰 Cleveland Market Minute

Red Chimney restaurant to be razed

If the beloved Red Chimney Restaurant was a luxury establishment in a vibrant, thriving neighborhood, the economics might favor its rebuilding following an Aug. 5, 2025 fire that was confined to a second-floor apartment at the back of the building where the blaze began.

But the water used by firefighters to put out the flames and cool any hot spots wasn’t confined to the second floor. Instead, it poured down into and heavily damaged the 50-plus-year-old restaurant below — apparently beyond the point of recovery.

🔗 Read More

Restoring density to Euclid Ave.

The newly submitted plans show a mostly residential development for seniors at the southwest corner of Euclid and East 81st Street. And, while not a high-rise, it would restore some lost density to the city’s main street between downtown and University Circle.

Silver Hills at Euclid Bell Tower is proposed to be built in a structure with two different heights. The plans say that one part of the new structure would be eight stories tall and the rest standing five stories. It makes no mention of how the site’s old church bell tower, a city landmark, would be used in the development.

🔗 Read More

Commercial foreclosure business is booming

While Downtown Cleveland isn’t the only place where commercial properties — office buildings, apartment complexes and mixed-use properties — are slipping into foreclosure, it’s where they’re most concentrated. And it’s where many well-known, sizable buildings are located.

In response, Cushman & Wakefield | CRESCO Real Estate of suburban Independence formally announced this week the launch of a specialized Receivership Services Division, expanding the firm’s service platform to include distressed asset services for courts, lenders and stakeholders.

🔗 Read More

A MESSAGE FROM GOLDCO

Inflation Is Eating Your Savings. The Dollar Is Weakening. And Most People Are Doing Nothing About It.

Every month your money sits in a traditional savings account, it loses purchasing power. Markets swing on headlines. Banks set the rules. And the people who should be protecting your wealth? They're charging you fees for the privilege.

There's a reason the wealthy have always held physical gold and silver — it's the one asset class no government can print, no bank can freeze, and no market crash can erase. And right now, more Americans than ever are quietly moving a portion of their savings into precious metals.

Goldco's free guide breaks down the top 5 advantages of owning physical gold and silver — including immediate access to your money, complete control over your portfolio, and zero custodial storage fees.

🏠 Just Sold Spotlight – Gordon Square Bespoke Historic Luxury

📍1417 W 77th St, Cleveland, OH 44102

• 💰 Sold Price: $650,000

• 📏 Size: 2,273 sq. ft.

• 📅 Year Built: 1910 (Fully Renovated)

• 🛏 4 Beds | 🛁 2 Full + 2 Half Baths

• 🚗 Detached 2-Car Garage + Wide Driveway

• 🌳 Lot Size: 5,662 sq. ft. (Double Lot)

• 🏫 School District: Cleveland Municipal School District

📝 Investor Takeaway

This Gordon Square transaction showcases the growing premium for architecturally distinct, design-forward renovations in Cleveland’s historic districts. At approximately $286 per square foot, the property trades well above typical neighborhood averages—driven by bespoke finishes, curated materials, and a differentiated luxury positioning.

Unlike standard renovations, this asset targets a niche buyer segment valuing craftsmanship, design identity, and historic character. The double-lot configuration and high-end upgrades create long-term scarcity value, while its location within a walkable arts district supports both resale strength and executive-level rental potential. This is less a yield-driven investment and more a lifestyle asset with appreciation upside tied to continued neighborhood elevation.

🏡 Neighborhood Insight

• 📍 Community: Detroit Shoreway / Gordon Square Arts District, Cleveland

• 🏞 Nearby Landmarks: Edgewater Park, Detroit Ave corridor, Gordon Square theaters

• 🚶 Accessibility: Highly walkable; minutes to Downtown Cleveland with direct access to I-90

• 🌿 Lifestyle Appeal: Arts, culture, dining, coffee shops, and lakefront access within walking distance

📈 Recent Sales Nearby:

• 5206 Herman Ave – $650,000 | 3 Bed | 3 Bath | 3.5k sq. ft.

• 1330 W 61st St – $510,000 | 4 Bed | 3 Bath | 2.3k sq. ft.

• 1948 W 52nd St – $549,900 | 3 Bed | 3 Bath | 2.5k sq. ft.

• 1357 W 59th St – $539,900 | 4 Bed | 3 Bath | 2.3k sq. ft.

• 1882 W 47th St – $320,000 | 3 Bed | 3 Bath | 2.1k sq. ft.

📌 Notable Features

• ✨ BISE BESPOKE-designed renovation with Gilded Age inspiration

• 🔥 Two custom fireplaces anchoring living & dining spaces

• 🍽 Designer kitchen with Essex truffle cabinetry & premium finishes

• 🪵 Period brass fixtures, crystal chandeliers & leatherbound hardware

• 🛏 Third-floor primary suite with vaulted ceilings

• 🏡 Wraparound deck + front porch for outdoor living

• 🌳 Rare double-city lot offering added space and privacy

• 🚗 Two-car garage with 220V + wide driveway

• 🛠 Major system upgrades: new HVAC, electrical, plumbing, windows & siding

• 🎭 Located in historic district with views of nearby landmark architecture

💡 Insider’s Insight

📰 Cleveland Grew Supply — and Still Outpriced the Nation

In a month when most U.S. markets softened, Cleveland moved in the opposite direction. Active listings climbed more than 17% year over year, yet prices rose and homes sold faster. That's a rare trifecta — and a clear signal that demand here isn't just holding; it's absorbing.

FEBRUARY 2026 · KEY NUMBERS

By the Numbers

MARKET BREAKDOWN · THREE SIGNALS

What the Data Is Actually Telling You

Signal 1 — More inventory didn't cool prices. Nationally, rising supply correlates with price pressure. In Cleveland, active listings grew at more than double the national rate — yet the median list price still rose 10.2%. Buyers are absorbing new supply almost as fast as it hits the market.

Signal 2 — Cleveland sped up as the country slowed down. The national median days on market rose 5.3% to 70 days. Cleveland dropped 8% to 63 days. More listings, faster sales — that's genuine demand at work, not just favorable comps.

Signal 3 — Overpriced homes are getting punished. Price reductions hit 14.9% of listings, up 3 percentage points. The market is efficient enough to call out wishful pricing quickly. Smart sellers are winning; stubborn sellers are chasing the market down.

FREDDIE MAC PMMS® · WEEK OF MARCH 26, 2026

Where Rates Stand Right Now

Rates ticked up this week but remain below where they were a year ago — a tailwind for both purchase and refinance activity. In a market like Cleveland where the median list price sits under $150K, even a full percentage point difference in rate translates to roughly $50–60/month on a typical loan. Affordability pressure here is far lower than in coastal markets.

ACTIONABLE TAKEAWAYS

What To Do With This

🏠 If You're Buying

• More listings means more negotiating room — especially on homes sitting past 30 days.

• Target the 14.9% of listings with price reductions — sellers are already motivated.

• Lock a rate now. At 6.38%, you're still below last year's average. Waiting rarely rewards buyers in a market tightening this fast.

• Get pre-approved before touring. Cleveland's 63-day median hides homes that go in 7–10 days in desirable zip codes.

🏦 If You're Selling

• Price right from day one. Price reductions signal desperation — and buyers negotiate harder against them.

• Your competition grew 17.1% — presentation and marketing now matter more than they did a year ago.

• The market is still rewarding you with 10.2% price growth YoY. That window won't stay open forever.

🏡House of the Week – Turnkey Tremont Duplex with Strong Rental Upside

📍2155 W 28th St, Cleveland, OH 44113

• 💰 Price: $385,000

• 📏 Size: 2,166 sq ft

• 📅 Year Built: 1890 (Fully Renovated ~2019)

• 🛏 4 Beds | 🛁 2 Full Baths

• 🚗 Off-Street Parking (Driveway for 2+ Vehicles)

• 🏡 Duplex / Multi-Family | Tremont / Ohio City Area

• 🏫 School District: Cleveland Metropolitan School District

🧘 Vibes: This fully renovated up/down duplex offers a turnkey investment opportunity in one of Cleveland’s fastest-growing neighborhoods, combining historic structure with modern upgrades and strong rental potential.

Each unit features a functional 2-bed, 1-bath layout with bright living and dining spaces, updated kitchens with stainless steel appliances and granite countertops, and in-unit laundry—a major value-add for tenants. Renovations completed approximately seven years ago include updated HVAC, windows, siding, lighting, and refinished flooring, delivering low near-term capital expenditure.

The property also includes tiled showers, modern finishes throughout, and central air, enhancing tenant appeal and long-term durability. An unfinished basement offers additional storage or future value-add potential.ut, paired with a modernized bathroom featuring clean finishes and a refreshed design.

👉 Listed by: Charles W. Jaite Jr. | Keller Williams Citywide

📞 440-476-9726 | ✉️ [email protected]

🛠 Tools & Resources We Recommend

• PropStream → Lead generation + property comps

• AirDNA → Short-term rental profitability data

• BiggerPockets Cap Rate Guide → Know how to calculate investment ROI

• Cleveland Housing Court Tracker → Spot eviction risks and distressed deals

• Cleveland Real Estate Investor Facebook Group → Share deals and insights with local investors

📣 Weekly Wrap-Up

📰 Cleveland Real Estate Weekly | Pricing Power, Demand & Investment Strategy

Cleveland continues to outperform national trends, with rising inventory (+17%) alongside price growth (+10.2%) and faster sales (63 DOM)—a clear sign of strong demand absorbing supply.

📊 Market Momentum: Supply Up, Prices Up, Speed Up

More listings haven’t slowed the market—well-priced homes are still moving quickly, while overpriced ones are being corrected (14.9% price reductions). This is a more efficient, strategy-driven environment.

📉 Mortgage Rates & Affordability Edge

Rates sit at 6.38% (30-year) and 5.75% (15-year)—slightly up week-over-week but still below last year. With median pricing far below national levels, Cleveland remains highly affordable and less rate-sensitive.

🏠 Just Sold Spotlight | Gordon Square Luxury Premium

• 📍 1417 W 77th St, Cleveland, OH

• 💰 $650,000 | 📏 2,273 sq ft | 🛏 4 Beds | 🛁 2 Full + 2 Half Baths

A design-forward historic renovation trading at ~$286/SF—well above neighborhood norms—driven by craftsmanship, double-lot scarcity, and prime location near Edgewater.

📊 Takeaway: A growing segment of Cleveland’s market is lifestyle- and design-driven, not just yield-focused.

💡 Insider’s Insight

Cleveland sits in a rare position undervalued yet in demand. At ~63% below national pricing, buyers are actively closing the gap, fueling faster absorption even as supply grows. This is a disciplined market: pricing, condition, and location now determine speed and success.

🏡 House of the Week | Tremont Turnkey Duplex

• 📍 2155 W 28th St, Cleveland, OH

• 💰 $385,000 | 📏 2,166 sq ft | 🛏 4 Beds | 🛁 2 Baths

Turnkey duplex with modern updates, in-unit laundry, and strong rental upside in a high-growth corridor.

🧘 Vibes: Clean, income-ready, long-term upside.

Until next week,

Cleveland Real Estate Investors

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